大行評級|里昂:預計內地雲端市場短期不會出現極端價格戰
里昂發表報告指,部分投資者擔心今年內地雲端市場可能出現價格戰,以及字節跳動Volcano Engine是否會成爲觸發價格戰的因素。該行預計,內地雲端市場短期不會出現極端價格戰,因爲內地所有的網絡雲端廠商都經歷了兩年的虧損或減少低利潤業務。報告指,Volcano Engine去年的減價行動是由使用率和競爭考量所共同推動。字節跳動AI策略更着重於應用程序開發,而非雲端服務。除非字節跳動生態系統中雲端業務的戰略重要性和資金增加,否則不太可能發起價格戰。另外,里昂預期金山雲的Gen AI收入將在今年增長60%至約20億元,增量收入主要來自小米在自動駕駛方面的培訓需求,約4至5億元,以及來自AI LLM創業公司的擴大需求,約1至2億元。
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